Samantha Hurst

P2P Lender ArchOver Announces IFISA

ArchOver, the UK P2P business lending platform, announced this week the launch of its Innovative Finance ISA (IFISA)to both new and existing lender. ArchOver reported that the IFISA allows individuals to earn tax-free returns by investing over P2P lending platforms using their annual ISA allowance of… Read More

LendingTree Forms Partnership With Autotrader & Kelley Blue Book to Offer Shoppers Auto Lending Options

Autotrader and Kelley Blue Book announced earlier this week it is working with LendingTree to offer more auto lending options. While sharing details about the new collaboration, Jai Macker, Senior Vice President of Product at Cox Automotive, the mother company of Autotrader and Kelley Blue… Read More

Swiss Fintech Avaloq Onboards Deutsche Bank Luxembourg

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that Deutsche Bank Luxembourg has adopted its Avaloq Banking Suite. According to Avaloq, more than 150 customers and wealth managers manage $4 trillion in assets with Avaloq, helping everyone from… Read More

Update: Nanusens to Complete Crowdcube Round With Nearly £900,000 in Funding

Nanusens, a Spanish technology startup, is set to complete its equity crowdfunding campaign on Crowdcube with nearly £900,000 from more than 775 investors. The funding round was launched last month and quickly secured its initial £400,000 funding target. Nanusens reported it raised £89,206 prior to launching its… Read More

Mizuho Financial Group Announces Support For Japanese Blockchain Coworking Space Neutrino

Mizuho Financial Group, Inc. announced last week it has agreed to sponsor Neutrino, Japan’s first blockchain1 coworking space. According to the firm, Neutrino, which located in Tokyo’s Shibuya Ward, was established by Omise Japan (CEO: Jun Hasegawa). It was reported: “One of the key features… Read More

VersaPay Forms New Partnership With First Data To Offer Global Payment Processing

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Friday it has entered into a Global Payments Facilitator partnership with First Data. According to VersaPay, First Data serves over 6 million customers… Read More

Overfunding: 1854 Media Secures £400,000 Funding Target in 24 Hours on Crowdcube

1854 Media, a digital media business, successfully secured its initial £400,000 funding in just 24 hours on equity crowdfunding platform Crowdcube. The company previously raised nearly £400,000 through the funding portal in 2016 under the name British Journal of Photography. As previously reported, the publication has… Read More

European Golfer Scott Jamieson Announces Sponsorship From Digital Currency Company LIFELabs.io

European Tour professional golfer, Scott Jamieson, announced this week that he is being sponsored by a digital currency company. The deal with LIFElabs.io is effective immediately and will see the athlete raise the profile of its digital currency, LIFEtoken and support its numerous charitable initiatives around the globe. Founded in 2017,… Read More

Crypto Trading Platform Caspian Announces Partnership With Bitcoin Mercantile Exchange

Caspian, the full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated investors, announced on Thursday it has formed a partnership with BitMEX (Bitcoin Mercantile Exchange) a bitcoin peer-to-peer trading platform, in order to further support and facilitate institutional investment’s move into crypto… Read More

RegTech Firm NorthRow Selected By UK’s Open Banking Implementation Entity to Verify International Users

NorthRow, a regtech and compliance firm, announced on Thursday it has been chosen by the UK’s Open Banking Implementation Entity (OBIE) to verify its international users. The company reported that this move follows the successful implementation of verification processes for UK users, streamlining services for… Read More

Temenos Launches New Component-Based Platform That Enables Banks to Onboard Customers

On Thursday, banking software Temenos announced the launch of Temenos Origination, which is described as a component-based platform that enables banks to onboard customers and originates products across all segments, channels and devices, offering bank customers a frictionless and contextualized digital experience.  According to Temenos,… Read More

Sberbank Offers More Than RUB 535 Billion in Loans to Russian SMEs Since Start of 2018

Sberbank announced on Thursday it has extended more than ₽535 billion in loans to SMEs since the start of 2018. The bank reported that over the first four months of 2018, lending to SMEs increased by 74.4% vs. the same period in 2017. “Sberbank has… Read More

Visa Announces Strategic Investment in Mobile Payments Platform YellowPepper; Seeks to Accelerate Adoption of Mobile Payments & Tokenization in Latin America

Visa (NYSE: V) announced on Thursday it has made a strategic investment in YellowPepper, a mobile payments platform in Latin America, to help accelerate innovation in digital payment technology. Visa reported that this is the first of its kind for the credit card giant in… Read More

Cryptocurrency Platform Covesting Joins Enterprise Ethereum Alliance

Covesting, a fintech startup that is building a comprehensive cryptocurrency exchange and trading infrastructure, announced on Wednesday it has joined the Enterprise Ethereum Alliance, an open source blockchain initiative. Founded in 2017, Covesting is a cryptocurrency exchange and a trading platform that offers a complete and… Read More

EY Americas Tax Innovative Foundry Set to Host FinTech Pitch Day in Boston

On Wednesday, the EY Americas Tax Innovation Foundry announced plans to host a FinTech Pitch Day on June 28th at District Hall in Boston. EY reported it is inviting fintech startups from around the globe to pitch disruptive technology solutions. Twelve applicants will be selected to present to EY… Read More

Crowdcube Funded Club Members Featured in Startups 100 Best Businesses of 2018

On Tuesday, Crowdcube announced Funded Club members, Azoomee, Floom, Tutorful, NovelTea, PlanSnap, The Vurger Co., Thyngs, Kokoon, and Mindful Chef were featured in Startups 100 Best Businesses of 2018 list. According to the UK equity crowdfunding platform, Startups 100 is a long-running index of the “best” new… Read More

Assetz Capital Announces Its First Ever Rate Increase Across Access Accounts

UK-based peer-to-peer lending platform Assetz Capital announced last week its first ever rate rise across its access accounts. The online lender reported that the rate increase, which takes effect from 1st May 2018 until further notice, will take target interest rates for the Quick Access Account and… Read More

PeerStreet Milestone: Funds One Billion in Loans

PeerStreet, an online platform for investing in real estate backed loans, announced on Wednesday that one billion in loans have been funded through its marketplace since launch. This announcement comes after the investment portal announced the close of its $30 million Series B last month. PeerStreet reported that… Read More

Australian Digital Platform Afterpay Makes U.S. Debut With Urban Outfitters, Anthropologie, & Free People

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its launch into the U.S. Named as one of Australia’s fastest growing fintech companies by IDC, initial retailers integrating its “buy-now, pay-later” platform includes popular fashion and lifestyle retailer Urban… Read More

Insurtech Root Announces Significant Expansion in Columbus, Ohio Plans

Root Insurance, an Ohio-based car insurtech company, announced on Tuesday it is planning to significantly expand its presence in Columbus. This news comes nearly two months after the company secured $51 million in funding through its Series C round, which was led by Redpoint Ventures, with Scale Venture Partners… Read More